Transaction Details

Footnotes

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. | 25% of the RSUs shall vest on July 11, 2026 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter. | Includes (i) 2,826 unvested RSUs of the 15,075 RSUs granted to the Reporting Person on January 16, 2022, (ii) 21,875 unvested RSUs of the 50,000 RSUs granted to the Reporting Person on January 25, 2023, (iii) 39,245 unvested RSUs of the 57,085 RSUs granted to the Reporting Person on January 11, 2024, (iv) 50,861 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of July 1, 2025 and (v) 11,029 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.